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on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. itbut sleep train's huge foyear eends sunday. salels, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. plus, free same-day delivery, set-up, and removal of your old set. don't wait, sleep train's year end clearance sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> neil: all right. in the middle of earnings season, we don't give you every one, but we try to give you the ones that are cons quential or meaningful, google is considered such a barometer for t
a hint. sometimes it goes up before the economy is improving. we don't need monetary policy to drive stocks. >> that's why it's going up? >> the market? >> the yield. >> well, i think because the economy overall is improving and we're going to see some flows back in equities. that's why i think yields are actually starting to slowly go up. because it's starting to rejoin with gdp. >> benedict? >> i couldn't agree more. great numbers out of china. i think china is far more important than the european situation. and as yields go up, the exposure in your bond portfolio, the interest rates will have a drop on your yield. you got to be in equities. >> ben willis, b. belski. thank you. now, maria. >>> and it is 4:00 on wall street. do you know where your money is? welcome back to "the closing bell." i'm maria bartiromo on the floor of the new york stock exchange. the dow six-day winning streak in jeopardy tonight with a decline on the session. yahoo numbers are out. dow jones industrial down 12 points at 13,883. nasdaq finished positive just by a fraction. up about 4.5 points. and s&p 500
invest in a public private partnership in geo engineering and transit it in a new energy economy. look at hurricane sandy. 50 billion and more in damagings. we'll keep having storms like that and impact insurance company and wall street, we have to get with the new economy. should it be public or private money? if there is a profit, the company companies will do it? we don't have to put our tax dollars do we? >> if green energy works we wouldn't need a suck sidies. 90 billion under president obama. that is flushed down the drain and you are again picking winners and losers. it just so happens, that the best energy carbob nuclear hydrocarbon and the green lobby oppose and vote against it is it a anti-man position. we use fossil fuels to better our lives and give us food and transportation and makes the modern world possible. to be against that is against the man's well being on earth. >> is there any proof that green initiatives have worked? >> apparently not. if you look down the list. everybody picks out solyndra. there is about 20 others that went up side down and in the toilet and a
about what's happening with the domestic economy. >> yeah. rates probably close to 50% in europe. europe obviously is a collection of smaller companies. if you're historically in those countries you've had to reach out much sooner than american companies have. they're global leaders in their industry around the world. they just happen to be based here in europe and one of our key messages of the last four years has been buy european countries and make sure they have as little exposure as possible. that's generally the message. there's more competition in the market now even from peripheral countries benefiting in the risk rally. >> i wonder about philips, too, reporting tomorrow. are they seen similar to alcoa as the barometer? >> i think, you know, any big company which comes out and meaningfully beats or disappoints the market, european equities are up .25% from the lows in the summer. it could be any number of big stocks which sets the near term direction of the market. overall, it's very unlikely. the corporate sector has within its power to greatly disappoint or please the markets a
hillary clinton testifying on the benghazi attack. melissa: is the economy and low beer? we have an exclusive interview with the american trucking corporation bill graves. lori: the big apple shrinking? the new trend of micro- apartments in manhattan. 250 square feet. melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: i saw pictures of those apartments, i would love to buy one. they actually look very cute. let's take a look at some of the earnings related names. let's start at mcdonald's. it is up about a half% here. they expect the management -- that is not great news there. you can see the up arrow. when you talk about airlines they are up about three and a 3%. good news there despite the fact that superstar did actually cripple operations for some time. despite that, they did come in with an income of 37 billion compared with 18 million year-over-year. that is why you are seeing it up over 3%. united technologies which is to the upside. hitting 52 week highs today. you
of it, how much the circumstances the economy was unable to brand obama. >> the clearest way to look at this is to look at 2010. 2010 was a set -- was a resounding rejection of what obama had done in the first two years. it was a resounding rejection of the intrusiveness expansion of the pyramid. it was a referendum on this kind of hyper liberalism and there was a referendum about the size and reach of government. and it was a pure ideological election. because there were no personalities involved. you weren't voting for president. you want boating up and down on a figure. you were voting on issues and the dominant issue was obama and as a scare, the stimulus committee increase in spending, the expansion of the government. or to put it in a more abstract and grand was the difference between federal and state which was tilting more toward state. when the question is put that way, the country shows itself to be center-right country. had republicans been able to duplicate those conditions, that framework in 2012, they would have won. but it is not the same election. 2010 is almost purel
have a spirit of innovation here in washington that haswe are not done. [applause] a new world economy is emerging from the depths of this recession, and while its contours and relationships are not fully understood to us, we do know two things, one. with our uniquely powerful fusion of values and talents, washington state has the potential to lead the next wave of world-changing innovations. two. the world will not wait for us. global competition for the jobs of tomorrow. leading this next wave of growth entitlement. we must move, swiftly and boldly, to put this recession behind us, and bring forward a unique economic strategy that much." today, i'd like to share my vision of the path ahead. i know that to achieve this vision we must all work together. democrat and republican, house and senate, east and west, to answer the challenges of our age. i have represented both sides of our state, first as a state representative from yakima valley, then in congress representing both eastern and western washington. i want to thank the people of washington for electing me your governor. [applaus
. as much as it is frustrating, so many of us thought, where the economy is right now, with what we are passing on to the next generation, we all see that. talking to one another, you just could not imagine the public would send this guy back to office. for me, that was the hardest part. how do people do that if they really were paying attention and -- to what was going on? the more i talked to people, they stuck with the current guy , it became clear that they don't really know what is going on. whether you want to call it low information voters or what have you, they are not digging in. they have not been personally affected the way they are probably about to be with obamacare and a lot of these things. it is too bad you have to get hit before you realize what is going on. i think there are 10 reasons that we lost. there are probably a lot more. we have to be very careful that we do not try to find, what is that one thing? voter turnout that didn't work. if we just had that computer system working better. maybe that would have made all the difference in ohio. maybe it was the fact
and you really do, you've got the makings of an upbeat, an up tick in america's economy, do you see it my way? >> i see it your way, this is very good news. we're on that road, stuart. but we cannot put politics completely to the side. our road has lots of potholes, lots of road blocks and possibly has a lot of tolls along the way. so, i think the biggest threat to the recovery happens to be our own government. >> yes, but -- and i'm just suggesting that if we build that pipeline and if we allow more fracking, you could have an energy based jobs recovery, i know that those are big if's, but i think we could get it if we get the pipeline and more fracking. go ahead, last word to you on this one. >> right, right, we have that, but also on the other side, remember what's going on internationally. we have a race to the bottom in terms of a currency war. right now, the dollar is going to start to strengthen from my opinion and i think when that happens, a lot of the companies that export are going to be hit, they have really good years last year, and with the weak dollar so we have the energy
and taxes even more, whether it is cap and trade, regulating our economy and raising the costs for every american, they are feeling emboldened right now. and if conservatives stand together, we can stop that, and stopping bad things that would harm this country, that would harm americans, is a major victory for the next two years. [applause] but the third thing we can do in the short term is we can use leverage points to plaque real progress on the fiscal and economic crisis threatening this country. the fundamental dynamic when you have divided government is that whichever side owns the default is in the stronger position. either party can stop anything. so whoever wins if nothing gets done, wins the negotiation, wins the battle. it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and t
the budget, how to grow the economy. that's the kind of debate the country desevens. by the way, if we keep going down this path, we will have a debt crisis. it's not an if question, it's a when question. >> i remember him, alternativest young congressman from wisconsin that used to come on "squawk box." >> still fighting budget balthsds. >> if he's going to go on somewhere, at least he went on with david. congress must pass a stopgap spending bill by march 27th to keep the u.s. government running. and don't do that with your sneezes. >> what was that? i held it in. >> that's like -- >> i've been trying to hold it in because you were talking. >> no, no, it's going to come out. that's bad for you. something inside is going to pop or something. like an anneurism. it's bad to be repressed like that. let it out. >> that's his whole life. >> oh. >> let it out. >> michelle caruso ka brar ray. you're like a guest on the show, but thank you for being kind. >> it's the greatest feeling in the world. let it out. >> yeah, others have -- anyway, more trouble in egypt, a state of emergency has been decl
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
in the global economy despite some of the revenue company is headed into 2013. >> there is good news for renters, bay area rents are flattening out. according to a new survey of apartment complexes by " real sex ", written in the east bay, peninsula and san francisco were almost unchanged in the fourth quarter of 2012 and declined slightly in the south bay. experts say that red flag could be caused by some renters decided to buy homes since interest rates are so low. >> fremont wholefoods groundbreaking is scheduled for friday. the 39,000 square foot building is located at the corner of casio padre parkway and more right ave. another 13,000 square feet is being set aside for a another retailer. the fremont store will be the sixth store in the east bay. a date has not been released on when the store will be opened. >> the united nations say that more than 197 million people worldwide are without a job, and that another 39 million have given up looking for work. an annual report from the international labor ass organization says the unemployment will rise by 5.1 million this year. the u.s. and wor
'll tell what you, if the economy keeps getting better over the next three years, you've got hillary linton rclin running three years from now, we republicans have such a major headwind in our face for the next three years. it's going to be tough. >> yeah, there's no question. but there's so many variables. >> go ahead. >> no, so many variables that could happen in the next 3 1/2 years. >> yeah. ed sees you making a motion, he stops. >> i was trying to get richard haass in on this. >> she wants some more 'roids. >> andrea, i'm sorry, we cut you off. >> no, there are other points about the politics of it. joe biden is going to be at the white house, in closed meetings with the president today and has had a very high-profile role. clearly, this is the interview that he would have wanted to see. and when you talk to a lot of leading democrats who were in town this weekend, they were saying that joe biden has everything going for him except that hillary clinton is a woman and is a celebrity and has the best popularity. and she has the virtue, after eight years then of barack obama and the obama
population, a serious drain on the company's economy. frequent "varney & company" guest summed up japan's predicament in an interesting way, listen to this. >> you can see anecdotally they sell more adult diaper products than infant. stuart: is that true? >> yes, it is. stuart: wow, indeed. that's the dire situation in japan. contrast that with the united states. our proportion of old people far, far lower than japan, and lower than europe, too. a big part of that is because of immigran immigrants. now this, the former head of the head of the city teacher's union, that was years ago, she is, however, randy weingarten, now the head of the federation of teachers which is a part of the afl-cio and joins us in the next hour, and topic number one, the six-figure payout. we follow microsoft on this program, i own some of that stuff and we talked to an executive who had the ear of bill gates, he says microsoft chief steve ballmer has to go. also coming up, big news i should say from two names you know, google and ibm, we're following both of them at the opening bell. may, everybody, cheer up,
minneapolis. >>> from weather to the economy, you hope the world economy is on wall street, but now in switzerland. many are in davos for the annual world economic forum but this year their focus is not on europe. anthony mason joins us from davos. anthony good morning. >> reporter: good morning, charlie. maybe it's the bracing mountain air but there's been a pronounced mood swing in davos. 12 months ago it looked like the financial collapse in europe could lead to a global recession. what a difference a year makes. in the hallways and meeting rooms of the world economic forum where top bankers, business leaders and politicians come every year to swap intelligence there's a sense the global economy has finally turned a corner. as ken frazier, ceo of pharmaceutical giant merck. >> i think the u.s. economy is poised to take off. i think it's been through some tough times. i think it's the strongest economy in the world. >> reporter: the imf forecasts the global economy will grow 3.5% this year a healthy number, and if there's debate about how soon things will ge
time. stay with us. >>> welcome back, everyone. well, the economy has come a long way since president obama's first inauguration. since that first swearing-in ceremony, the stock market has soared. the dow jones industrial average, up nearly 72%. back then, the economy has fallen to its lowest point since the great depression. and digging out has caused one other measure of the economy to soar, the national debt. >>> and soda sales are falling flat. the pace of the decline quickened even during the holiday party season. now, the giant soft drink companies are scrambling to change their directions, pinning their hopes on sports drinks or low or no-calorie versions. older people are now concerned about obesity and diabetes. >>> more super bowl ads will be crowd source this year. you may remember this made by a fan. this time, doritos will air two fan submissions. pepsi and pizza hut are getting into the act, by inviting fans to upload stories that will be woven into commercials will be air during the big game. good luck to those guys. >>> at the movies this weekend, jessica chastain was
for the economy. it is not good for our children. its sad we have to have a gimmick like this. some members are a quite wealthy, there are a few of them, won't care. but a good many members after month or two their spouses will say to them, what are you doing you knucklehead. they have to have a solution. melissa: this is another time the american public looks at it, wow, feels like you put off the work that you need to do. we said we will raise the debt ceiling for a couple months and, you know, there you go. we haven't gotten any of the real work done? >> it was a short-term punt but i think it was pretty shrewd move by the republicans because you can't default on our debt. if interest rates went up even slightly the amount of interest we would have to pay on our $16 trillion debt would be enormous. you can't do that. it would be shooting ourself in the foot. they tried closing down the government back in the 1990s. that didn't didn't work too well. they're focusing on what is called the sequester, which are across the board spending reductions. that's where i think they will make their s
class voters, at a time when the economy is going through a very complicated, difficult moment when it's not clear how to get back to growth, he's thinking creatively about how to use the strength of his state to build on its weaknesseses. and i think at the national level that's what conservatives have to do. to some extempt, it's being done. i would say the policy agenda that has to come at the end of that conversation is not fully worked out by any means, but the questions are being asked. i think the direction of thinking has been helpful even in the wake of the election. if you listen to what people like marco rubio or paul ryan have been saying, it's different from what they themselves were saying six months ago, a year ago. i think the focus is turning to the right place. that doesn't mean that he'll persuade the public, but it certainly helps to ask the right question if you're looking for the right answer. >> where joe, i want to bring up something that my friend john podhoretz mentioned, and i say that carefully because reihan salam, my name has up been butchered by others, s
could be the longest u.s. great recession but others warn the economy is still shaky. we're pleased to have him here. welcome. >> thank you, charlie. >> i hear from davos where there a's a lot of smart people, i hear the economy is very fragile. on the other hand they're looking to america to have a good rekonkry. >> we're in a better place than the rest of the world. the euro crisis is not over although it seemed to have been abated. that's going to keep happening. the chinese economy is in bigger trouble than it's been in a long time. so that's worrisome. and so in the u.s., the real problem ultimately is a political problem because our economy is slowly recovering. things are starting to turn around and what could spiral us backward really is if one of these upcoming fights on sequestration or the next debt cellin ceiling, you know, finally causes it to -- >> that is sort of baked in the cake. everybody expects they're going keep kicking it down the road. why, then, do we have a surge in stock market? >> one is that corporate profits are very good. but don't forget, corporate com
of it was looking backwards to 2009. a lot of it was coming out of the very deep recession. the economy was in big trouble. the stock market was extremely depressed. we spent $5 trillion to get the economy recovered. profits have come back. the stock market has moved along with it. i think, now, we have to have this handoff where you need to see more private investment. we are seeing it in the housing data, auto data. lori: you say that you are confident in the overall market. there is not a lot of -- what if you are advised to investors if they are just getting in now? >> i am, you know, it is curious to me if i look at some of the best names out there. if you look at apple today, for example. you are looking at a very low trade. apple is not the only one. there are plenty of companies out there that have sustainable earnings that can grow. at this point, since you have this big recovery in profits, maybe you want to look at companies that can sustain this position. lori: would you take more risks? >> i do not think you have to take a lot of data. one of the things you have to recognize is you ha
home for the world's economy, but some of the best minds in finance hinges on america. >>> and the story gets more strange for manti te'o. and for the first time, hear from the person who pretended to be his girlfriend. >>> but we begin this morning with a look at today's "eye opener," your world in 90 seconds. >>> it's not about keeping bad guns out of the hands of good people. it's about keeping all the guns out of the hands of bad people. >> the white house takes new aim at gun control. >>> yesterday congressional democrats introduced a plan to ban assault weapons. >> we have had enough. these weapons do not belong on the streets. >> the reason you find so many of us very reluctant is we believe each step down the road leads to next step and the next step and the next step. >>> the unbearable deep freeze is delivering yet another day of biting cold temperatures. >> this blast of cold air is now hitting the south. >> forecasters expect freezing rain and dangerous accumulations of ice across the carolinas and tennessee. >>> manti te'o is admitting he lied to the media
, pressure to stop iran in the program. they've taken a huge bite out of the iranian economy but their nuclear program is accelerating. by spring our prime minister said come spring, come summer by the united nations they will have enough rich uranium for a bomb. they'll take it, go under ground-- >> this spring. >> this spring. >> cenk: discuss israel have an agreement to act by spring. >> we are close in communication with the administration to figure out when it will be too late to stop iran. we believe crippling sanctions together with the military threat that sends to iran a simple thing. you will not have that bomb no matter what you do. right now they think that they're paying a high price but that they will have the bomb. but the threat of military action if they don't stop hopefully that will be enough to make them stop. we don't want a military solution. >> cenk: there are some reports that there was an explosion at their top nuclear site in iran. can you confirm whether israel was involved with that? >> i can't come firm the press reports but i can tell you that th
to a record high. the nasdaq and the s&p are soaring, as well. this amid positive signs about the economy, housing rebounding, and companies hiring. so is it too late if you want to jump into the stock market? find out what you should do if you've been on the sidelines until now. >>> and speaking of money, we'll tell you why you will have to spend a lot more of it if you are planning to serve chicken wings at your super bowl party next weekend. i hope you're sitting down for that. >> always got nachos. nachos are the go-to snack. >> yeah. that's what we would have at our house. >> or mac and cheese which we'll talk about later on. somebody's making mac and cheese today. >>> then we'll talk about -- just when the deadly flu season seems to be getting better now, a new concern nationwide. it's called the norovirus. what is it, how can you avoid it? we'll get to the bottom of the health threat. >>> notre dame speaking out about the manti te'o fake girlfriend scandal. what the school know, when it -- school knew, where it knew, and why the school didn't go public when it first learn good the
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. lunch." final trades are coming in here in the gold pit and gold futures are holding above the 1650 level. we have openings expiration today and that has kepted to go prices in a pretty tight range between 1550 and 1560 or so. we are also looking at the fact that we are seeing a roll over in the futures market from the february to april contract and that is also where a lot of the volume has been in today's trade. a lot of traders are al
the president wants to focus on measures to help the economy and energy development, immigration and public safety as well. they want to see president do more in congress. >>> 800,000 spectators expected and security will have to be tight with that. good morning katherine. >> good morning. when asked about the situation in algeria and mollie we were told there was no change to the threat level at home. t this is a national security event. the lead organization for counter-terrorism and investigation is the cia. they were recently given a tour of the ee kret service command center and undisclosed location. this is the main coordination center for real time information today. secretary napolitano told reporters months of planning is involved. >> starting sunday is will contingo continuously from monday to tuesday. it is a national security event protecting an event this large, complex, with this many different venues with this number of people coming requires a lot of coordination. >> the fbi explained they are reviewing r reviewing real time information that is constantly being successed and
by superstorm sandy. >> dupont 2013, a cautious year with the slow growth world economy. how worrisome are those comments from the economic bellwether. >> j & j exceeds estimates. the full year forecast a bit below the streets, as investors pay close attention to new ceo alex gorsky. >>> the dow component reporting fourth quarter numbers of 38 cents. that was well below estimates. verizon said the results were impacted by superstorm sandy. we're just getting details now, david, on activations on things like the iphone, 6.2 million, not too shabby. >> the problem was not necessarily activations, carl. the key is simply that margins came in even worse than had been anticipated. this, after the company already guided them down a bit at the consumer electronics show a couple of weeks back. and there, of course, you're talking about operating koose i higher than anticipated. investors may be a little concerned today when you take a look at that chart there. now, listen, to carl's point, they're adding a lot of customers. they're activating a lot of devices. we talk often about the subsidy for the app
to be done on the economy and a great many other things. nora o'donnell, the co-anchor of "cbs this morning" is down on the national mall and she has insight on what the president is looking to in a second term. >> that's right. on a day like this when most americans have expressed their frustration with washington, political leaders, this is day that we see hundreds of thousands of americans turn out to witness this piece of history. every second-term president since dwight eisenhower has had to deal with an opposition party in congress. that's nothing new that president obama is facing in this second term. but he's going to try and capture i think some of the magic of bipartisanship on a day like today. trying to put it in a bottle. because he really has a very ambitious agenda for his second term. we have heard him talk about it. gun safety, immigration reform. deficit reduction and those looming spending cuts that are a part of the sequestration. so that's lot before the president. but as major has noted this is a speech today that's not about specifics, but setting the tone and trying
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with the economy bad and feeling washington needs to get its act together. >> joe? >> yeah. >> that asks -- that leads me to ask, you know, the group, what happens if within the white house, off of what mark just said, because this will be increasingly popular if the republicans continue to do things like this, what happens if the white house decides to try and pick off specific members of the republican membership in the house and perhaps some republicans in the senate and basically say people like you more now if you come and try and meet us halfway. what happens to this whole ball game if that occurs? >> i actually think the ball game is changing. the front of "the washington post" says that the gop offers respite on debt. "the new york times" also talks about how the republicans have gone ahead and pushed for -- obviously for this three-month extension that we're talking about. and mike, this goes back again to the republican party, not being conservative, not being moderate, but being smart. turning their back on their stupid ways as they set themselves up for punching bags which th
sign for the economy. and i'm sure you've seen the frenzy over subway's one-inch short controversy. sandwich lovers aren't too happy. and some filed class action lawsuits claiming the footlong is only 11 inches long. the suit says customers are owed a refund for the portion of the sandwich that they've not been receiving. subway has declined to comment on the lawsuit. a spokesman said the restaurant chain has redoubled the efforts to ensure consistency in every sandwich we have. >>> straight ahead, a super size controversy surrounding the super bowl's superdome. >>> plus, what is this, is it a bird, a plane, a man? we'll tell you. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial
, i'm not sure that this is just some weakening of the military system. the economy is on the brink. now we may be going to this different type of military. i am not sure if there is an underlying purpose for this. i do not think -- they do great, there are great roles for women in the military, but i do not think this will work. host: thank you for the call. on our facebook page -- from our twitter page, there is this -- one more call on this topic, and then we will turn our attention to the senate yesterday -- dorothy from baltimore, good morning. caller: i am glad i am a woman on your expressing my views. women should not be in infantry. absolutely not. host: why? caller: we are not built for that. men and women action not be in close contact like that. it will not work. it simply will not work. it is in our nature. manpower -- men are attracted to women. that is a fact that cannot be in -- ignored. we're not physically build to do that. we can do things, i am not trying to down women. we are not meant. -=- -- men. host: the pentagon of lifting the ban on women to serve on the fr
on the economy now and in the future. >> rick: molly hen burneberhenn. >> reporter: and, two of the most powerful regulation posts, the president has two choices and peter doocy has the story from washington. >> reporter: this week, president obama's nominee to become the next secretary of state, senator john kerry was received very well. his confirmation hearing by democrats and republicans. >> i commend his nomination to you without resignation. >> he'll be a terrific bridge from the hill to the administration. >> reporter: his support in the senate is not expected to d is likely re the expected to become the next secretary of state. but, handicapping the odds for confirmation of president obama's other nominees for important positions, is tricky. like richard cordray for the director of the consumer financial protection bureau. >> president barack obama: after they refused to give him a vote, i took action to appoint him on my own. >> reporter: the president renominated him this week and senator mike crapo, one of 45 republican senators to opposed his nomination last year and, the senator said
the euro. and the issue is the fed just prints money. it just keeps interest. in for the economy. there is going to be inflation. prohibited oddly enough in richard virginia. there you go. look at these. v.a. is going to spend $22,000 to study a virginia alternative currency. that kind of a waste of taxpayer money? >> you know, in a way it is. the issue is we have had, before we haven't just had the dollar forever. at one point, in 1836, there were every state had its own bank note. and there were 16,000 chartered types of currency. so easy to counterfeit. it d bs didn't work at all. during, look, i have a wig n on my chest because i'm a nerd. i love this stuff. this is terrific. so, in 1862, to finance the civil war, we came up with what was called the green back. and that was the first time we really had the dollar. so it doesn't really -- how can each state have a currency? the one good thing about it would be states can't print money. and thomas jefferson, the virginian said if there were anything he could add to the constitution it would be to take away the borrowing ability
for the country, for our economy. it's the right thing to do out of fairness to the middle class. to make sure that everyone plays by the same set of rules. >> but republican senator ted cruise of texas says he has deep concerns with proposed path to citizenship. and another texas republican, congress lamar smith says by granting amnesty the senate proposal actually compounds the problem by encouraging more illegal immigration. our latest fox news poll shows 66% of americans say they do, indeed, support a pathway to citizenship for illegal immigrants. but only if they take steps like paying back taxes, learning english and passing bad ground checks. cac is -- carl cameron is is on it on capitol hill this evening. calling it amnesty. >> the last time congress took um immigration reform twice during president bush's republican administration it was derailed out of complaints about amnesty. the idea being that illegal immigrants in this country would be allowed to stay and not have to be held accountable for the law that they have broken. that is the debate that's unfolding right now. and today t
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